How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis

Authors

  • Ilham Syah Azikin Department of Management, Sekolah Tinggi Ilmu Ekonomi AMKOP, Indonesia
  • Dian Anggriani Utina Department of Management, Sekolah Tinggi Ilmu Ekonomi AMKOP, Indonesia
  • Bahtiar Maddatuang Department of Management, Sekolah Tinggi Ilmu Ekonomi AMKOP, Indonesia
  • Nurfaisah Baharuddin Department of Management, Sekolah Tinggi Ilmu Ekonomi AMKOP, Indonesia
  • Abdul Rahim Ridzuan Institute for Big Data Analytics and Artificial Intelligence, Universiti Teknologi MARA, Shah Alam, Malaysia; & Department of Management, University of Religions and Denominations, Qom, Iran; & Centre for Economic Development and Policy, Universiti Malaysia Sabah, Kota Kinabalu, Malaysia; & Faculty of Business and Management, Universiti Teknologi MARA, Malaysia; & Accounting Research Institute, Universiti Teknologi MARA, Shah Alam, Malaysia
  • Nur Hayati Abd Rahman Faculty of Business and Management, Universiti Teknologi MARA Melaka Campus, Malaysia

DOI:

https://doi.org/10.32479/ijeep.15256

Keywords:

Environmental Quality, Public Debt, Time Series, Macroeconomic

Abstract

In recent years, Indonesia has grappled with a notable surge in public debt, underscoring the urgency of prudent fiscal management. This study employs the Autoregressive Distributed Lag (ARDL) method to investigate the long-term connections between key variables, including gross domestic product, gross domestic investment, gross domestic savings, carbon emissions, and technology, using data from 1990 to 2020. Our findings reveal a significant and negative association between savings and environmental degradation with Indonesia's public debt. These insights bear substantial policy implications, emphasizing the importance of integrating environmental considerations into economic planning and suggesting that the banking sector could enhance fiscal stability by incentivizing increased savings rates. This study provides valuable guidance for policymakers and economists seeking to foster Indonesia's economic resilience in the face of mounting public debt.

Downloads

Download data is not yet available.

Downloads

Published

2024-01-15

How to Cite

Azikin, I. S., Utina, D. A., Maddatuang, B., Baharuddin, N., Ridzuan, A. R., & Rahman, N. H. A. (2024). How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis. International Journal of Energy Economics and Policy, 14(1), 441–446. https://doi.org/10.32479/ijeep.15256

Issue

Vol. 14 No. 1 (2024)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.